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BoSun Manufacturing uses a job order costing system. During last period, direct labor costs totaled $150,000, based on $50 per hour, and actual overhead costs
BoSun Manufacturing uses a job order costing system. During last period, direct labor costs totaled $150,000, based on $50 per hour, and actual overhead costs for the period totaled $212,000. The inventory value of completed product transferred out of Finished Goods Inventory was $432,000. If the predetermined overhead allocation rate for last period was $44 per direct labor hour and all Finished Goods Inventory was sold, what was the amount of Cost of Goods Sold reported on the income statement for last period? 794000 644000 512000 424000
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